Banking Hungary Latest Information

Banking Hungary Latest Information

Hungary concedes to EU on disputed banking reforms
Hungary's prime minister has backed down further in a legal dispute with the European Union over controversial banking reforms. The EU and IMF opposed new laws seen to limit the independence of Hungary's central bank.

Surplus liquidity of Hungary banking sector falls in December
Surplus forint liquidity of Hungary’s banking sector fell in December from a month earlier as currency in circulation rose in the run-up to the holidays and central bank forex swaps increased because banks diverted liquidity into overnight deposits as a cautionary measure, the National Bank of Hungary said in its preliminary statistical balance sheet published on Thursday.

Hungary Moving Back Into Telecommunications Sector
BERLIN -- Since Europe deregulated its telecommunications industry in 1998, most E.U. governments have gotten out of the business. Britain unloaded BT, for example, the Netherlands ditched KPN and Spain sold Telefónica.

Hungary bows to pressure over central-bank law
Government set to change banking legislation to comply with EU and IMF demands.

Hungary Faces Impending Financial Crisis as Fitch Downgrades Investment Rating
Fitch became the third of the world's major credit ratings agencies to downgrade Hungary's financial rating this past week, asserting that the nation's debt now ranked at "junk" status, according to Euronews. Government officials said over the weekend that they are still interested in pursuing a financial deal with the International Monetary Fund (IMF), even though both the IMF and the EU have ...

Hungary's Malev airline ceases operations
Hungary's national carrier ceased operations, grounded all its flights and stranded more than 7,000 passengers Friday,...

IMF raps Hungary on cbank law, sees growth almost flat
BUDAPEST (Reuters) - The International Monetary Fund criticised Hungary on Wednesday for its new central bank legislation and for enshrining a flat tax in the constitution, highlighting potential stumbling blocks to Budapest's efforts to secure new aid. The IMF predicted growth in the ex-communist country of 10 million would stagnate this year but it warned a worsening of the euro zone crisis ...

Research and Markets: Hungary Real Estate Report Q1 2012 - The Industry Is Forecast To Only Rise Slightly Over the ...
Research and Markets has announced the addition of the "Hungary Real Estate Report Q1 2012" report to their of

“The EU = USSR: Hungary broke the European Union? Hungary per week
“Vaughn Hungarians from the country. Romania for Romanians “. Antivengerskie inscriptions in Koložvare, the Romanian Transylvania. Source MTIGusarskij. Orban has divided the EU. Magazine cover Hetek, January 20, 2012, we will not be a colony! Demonstration against the EU in Budapest.

EU bank results eyed for Greek debt, EBA fallout
* Further 10-20 percent bank writedowns on Greek debt seen * French banks SocGen, Credit Agricole, BNP eyed * Focus may shift to Portugal, Hungary if no Greek deal * Banks pressured to disclose how they ...

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